Moldova’s Ministry of Regional Development and Constructions is establishing and driving forward Moldova’s rural development programmes. As Minister of Regional Development and Constructions Marcel Raducan explains, “The main objective of Moldova’s regional development policy that has been implemented by the ministry is to minimise any imbalances in economic and social environment around the country.”
Minister Raducan notes that Moldova’s budget for regional development this year totals €7.95 million (MDL135 million), which is around 1% of the state’s revenues augmented by financing provided by international donor organisations.
International investment conference in October 2011
Regional development projects represent an opportunity for high potential public private partnerships. Minister Raducan explains, “Priority will be given to projects that will last for up to 24 months, in such fields as rehabilitation of infrastructure, diversification of the economy and support to the private sector, improvement of the environment, and tourism attractiveness.” To get these projects off the ground, the Ministry of Regional Development and Constructions is partnering with representatives of the EU and foreign embassies in Moldova as well as with an agency that will organise a public awareness campaign.
Minister Marcel Raducan says, “In October 2011, we will organise an international conference on regional development in Moldova and we will present all the investment opportunities Moldova has to offer.” He concludes, “Moldova is open to investors and visitors and we will do everything within our power to make sure they will achieve their goals here!”
